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Updated over 8 years ago on . Most recent reply

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Scott Trench
  • President of BiggerPockets
  • Denver, CO
5,886
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Anyone Manage to Triple their Income in a few years?

Scott Trench
  • President of BiggerPockets
  • Denver, CO
Posted

Hi there, I'm looking to hear from some folks that might have gone from making a median salary ($40,000 - $60,000) and was able to double or triple that salary (W2 workers, no real estate entrepreneurs please). 

If this is you, I'd love to hear your story. I'm trying to see how folks might go about rapidly increasing their income while still working a full-time job, and without building a side hustle.

Most Popular Reply

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Kevin Tran
  • Real Estate Agent
  • Richmond, TX
19
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43
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Kevin Tran
  • Real Estate Agent
  • Richmond, TX
Replied

You might consider relocating.  I was making in the 40s as a software engineer in Pensacola, FL.  I found a consulting job as a business analyst for a software development project in Houston making 80k.  That was a big jump.  Continuing in consulting, I grew my income at a rate of 10% every 2 years.  Of course this was during a time of 0-1% corporate annual raises.  Then going independent a few years later blew my income through the roof.  So it's possible.  It's not as hard as winning the lottery, but if it was easy, everyone would be doing it.

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